October 16, 2026

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Resistance Ahead: Bitcoin Bulls Must Break $8,500

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Resistance Ahead: bitcoin Bulls Must Break $8,500

Resistance Ahead: bitcoin Bulls Must Break $8,500 A move above resistance at $8,500 would provide confirmation bitcoin’s bear market has ended, the technical charts indicate. Over the weekend, the cryptocurrency clocked a three-week high of $8,458 on Bitfinex, adding credence to the short-term bull reversalconfirmed last Thursday. Further, the 30 percent rally from $6,425 (April 1 low)…

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